MeiG Smart Technology (002881.SZ): The highest price for H-share IPO will not exceed HK $28.86 per share.

MeiG Smart Technology (002881.SZ) announced that the total number of H shares to be issued this time globally is 35 million shares (subject to adjustment based on the exercise of the over-allotment option), including a preliminary arrangement of 3.5 million shares to be publicly offered in Hong Kong (subject to reallocation and adjustment based on the exercise of the over-allotment option), accounting for approximately 10.00% of the total global offering; and 31.5 million shares to be internationally offered (subject to reallocation and adjustment based on the exercise of the over-allotment option), accounting for approximately 90.00% of the total global offering. The highest price for the H-share issuance this time will not exceed HK$28.86 per share. The public offering of H shares in Hong Kong will start on February 27, 2026, and is expected to end on March 5, 2026. The issuance price is expected to be announced by March 9, 2026. The H shares to be issued this time are expected to be listed on the Hong Kong Stock Exchange and start trading on March 10, 2026.